Michael David Sieger
Net Worth

Last updated:

What is Michael David Sieger net worth?

The estimated net worth of Mr. Michael David Sieger is at least $28,016,859 as of 1 Jan 2022. He owns shares worth $11,145,960 as insider, has earned $1,670,899 from insider trading and has received compensation worth at least $15,200,000 in The Progressive Corporation.

What is the salary of Michael David Sieger?

Mr. Michael David Sieger salary is $1,520,000 per year as Pres of Claims in The Progressive Corporation.

How old is Michael David Sieger?

Mr. Michael David Sieger is 64 years old, born in 1961.

What stocks does Michael David Sieger currently own?

As insider, Mr. Michael David Sieger owns shares in one company:

Company Title Shares Price per share Total value
The Progressive Corporation (PGR) Pres of Claims 44,230 $252 $11,145,960

What does The Progressive Corporation do?

The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, general liability, and other specialty property-casualty insurance products and related services in the United States. It operates in three segments: Personal Lines, Commercial Lines, and Property. The Personal Lines segment writes insurance for personal autos and recreational vehicles (RV). This segment's products include personal auto insurance; and special lines products, including insurance for motorcycles, ATVs, RVs, watercrafts, snowmobiles, and related products. The Commercial Lines segment provides auto-related primary liability and physical damage insurance, and business-related general liability and property insurance for autos, vans, pick-up trucks, and dump trucks used by small businesses; tractors, trailers, and straight trucks primarily used by regional general freight and expeditor-type businesses, and long-haul operators; dump trucks, log trucks, and garbage trucks used by dirt, sand and gravel, logging, and coal-type businesses; and tow trucks and wreckers used in towing services and gas/service station businesses; as well as non-fleet and airport taxis, and black-car services. The Property segment writes residential property insurance for homeowners, other property owners, and renters, as well as offers personal umbrella insurance, and primary and excess flood insurance. The company also offers policy issuance and claims adjusting services; and acts as an agent to homeowner general liability, workers' compensation insurance, and other products. In addition, it provides reinsurance services. The company sells its products through independent insurance agencies, as well as directly on Internet through mobile devices, and over the phone. The Progressive Corporation was founded in 1937 and is headquartered in Mayfield, Ohio.

PGR logo
PGR
The Progressive Corporation
$252

Michael David Sieger insider trading

The Progressive Corporation

Mr. Michael David Sieger has made 17 insider trades between 2015-2022, according to the Form 4 filled with the SEC.

The largest trade he's ever made was exercising 32,121 units of PGR stock on 25 Jul 2019. As of 1 Jan 2022 he still owns at least 44,230 units of PGR stock.

Transaction Date Security Shares Price per share Total value Source
Option
Restricted Stock Unit 4,328 N/A N/A
Option
Common 4,328 N/A N/A
Sale
Common 13,038 $102.9 $1,341,649
Sale
Common 3,379 $97.44 $329,250
Option
Restricted Stock Unit 4,890 N/A N/A
Option
Common 4,890 N/A N/A
Sale
Common 2,700 N/A N/A
Sale
Common 2,700 N/A N/A
Sale
Common 2,868 N/A N/A
Sale
Common 2,868 N/A N/A
Sale
Common 2,868 N/A N/A
Sale
Common 2,868 N/A N/A
Sale
Common 3,356 N/A N/A
Sale
Common 3,687 N/A N/A
Option
Common 5,298 N/A N/A
Option
Restricted Stock Unit 5,298 N/A N/A
Sale
Common 32,121 N/A N/A
Sale
Common 7,500 N/A N/A
Option
Common 3,264 N/A N/A
Option
Restricted Stock Unit 3,264 N/A N/A
Sale
Common 7,500 N/A N/A
Option
Common 4,853 N/A N/A
Option
Restricted Stock Unit 4,853 N/A N/A
Option
Restricted Stock Unit 3,451 N/A N/A
Option
Common 3,451 N/A N/A
Option
Common 4,216 N/A N/A
Option
Restricted Stock Unit 4,216 N/A N/A
Sale
Common 5,000 N/A N/A
Option
Common 4,600 N/A N/A
Option
Restricted Stock Unit 4,600 N/A N/A
Option
Restricted Stock Unit 5,334 N/A N/A
Option
Common 5,334 N/A N/A
Option
Common 1,343 N/A N/A
Option
Restricted Stock Unit 1,343 N/A N/A
Sale
Common 3,200 N/A N/A
Option
Common 15,113 N/A N/A
Option
Restricted Stock Unit 15,113 N/A N/A
Option
Deferred Comp Unit 1,828 N/A N/A
Option
Common 1,828 N/A N/A
Option
Restricted Stock Unit 8,126 N/A N/A
Option
Common 8,126 N/A N/A
Sale
Common 0 $30.43 $0
Sale
Common 7,211 N/A N/A
Purchase
Common 17 $26.46 $450
Option
Common 1,828 N/A N/A
Option
Deferred Comp Unit 1,828 N/A N/A

The Progressive key executives

The Progressive Corporation executives and other stock owners filed with the SEC: